reddit

OVERALL
Owned	USA
Rating

Social media community website

Founded by Steve Huffman and Alex Ohanian in 2005, reddit is an online community where users submit, vote and comment on content, news and discussions. It is nicknamed 'the front page of the internet' and is the 7th most popular site in the USA. Acquired by Conde Nast Publications in 2006, it became a direct subsidiary of its parent company, Advance Publications in 2011. It has operated as an independent entity since 2012 but Advance Publications remains its largest shareholder.

Company Ownership

reddit Inc	USA	website	email	facebook	twitter
Advance Publications Inc       owns 51% of reddit Inc	USA	website
Media and communications Company owns Conde Nast Publications, American City Business Journals, the Golf Digest, plus companies and newspapers in more than 25 American cities. Subsidiaries have interests in cable televisions and internet sites, including reddit. It is the largest privately held media company in the US and Conde Nast is the USA's leading magazine publisher, including Vogue and GQ.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
reddit Inc
	F rating at ClickClean.org Greenpeace's 2017 report 'Clicking Clean' looks at the energy footprints of large data centre operators and popular websites and applications, and calls on these companies to power their data centres on renewable energy. Companies are graded (A,B,C,D,F) on their commitment to and procurement of renewable energy, as well as energy efficiency, transparency and advocacy. This company's final grade was F. Source: Greenpeace (2017)
Advance Publications Inc
	0% in Forest 500 Rankings The Forest 500 identifies, ranks, and tracks the governments, companies and financial institutions worldwide that together could virtually eradicate tropical deforestation. Rankings are based on their public policies and commitments and potential impacts on tropical forests in the context of forest risk commodities (palm oil, soy, beef, leather, timber and paper). This company received a score of 0%. Source: Forest 500 (2019)

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